
CARCHEX Reviews
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About CARCHEX
Founded in 1999, CARCHEX sells extended auto warranties and related vehicle protection products, though it partners with third-party providers rather than offering its own plans. These vehicle service contracts cover repairs due to mechanical failures or malfunctions, but not collisions. Coverage is available in all 50 states, and CARCHEX accepts vehicles with up to 250,000 miles. Plans also come with additional benefits like roadside assistance, rental car reimbursement and trip interruption coverage.
Visit www.carchex.com- Available nationwide
- Plans are transferable
- Accepts high-mileage vehicles
- Benefits like roadside assistance and trip interruption coverage
- Mobile app
- Not a direct plan provider
- Some contracts aren't renewable
Helpful Reviews
CARCHEX coverage plans
CARCHEX extended warranty plans cover repairs due to mechanical failures or malfunctions. Additional plan benefits include 24/7 roadside assistance, trip interruption coverage and rental car coverage.
Plans are available for vehicles with up to 250,000 miles. Coverage generally kicks in after a waiting period of 30 days or 1,000 miles, but this is a fairly standard requirement among extended auto warranty providers.
CARCHEX extended warranty plans
CARCHEX offers six extended warranty plans. All CARCHEX plans except Extra Care include powertrain coverage, which means your vehicle’s transmission, drive axle(s) and engine are covered. Titanium coverage provides the most comprehensive coverage for your vehicle.
| Plan name | Type of coverage | Term lengths | Best for |
|---|---|---|---|
| Extra Care | Major systems outside of powertrain | Up to 7 years | Affordability |
| Powertrain | Engine and cooling systems | Up to 7 years | Basic coverage |
| Powertrain Plus | Engine systems, cooling and electrical components | Up to 7 years | Higher-mileage vehicles |
| Platinum | Comprehensive stated-component coverage | Up to 7 years | Comprehensive coverage at a lower price |
| Titanium | Comprehensive exclusionary coverage | Up to 7 years | Maximum coverage |
| Electric Vehicle | Comprehensive stated-component coverage | Up to 7 years | Electric vehicles |
Compare coverage for CARCHEX plans
Compare coverage for key components and systems for each CARCHEX plan below:
| Coverage | Extra Care | Powertrain | Powertrain Plus | Platinum | Titanium |
|---|---|---|---|---|---|
| Engine | |||||
| Transmission | |||||
| Drive axle | |||||
| Transfer case | |||||
| Seals/gaskets | |||||
| Turbocharger/ supercharger | |||||
| Heating system | |||||
| Cooling system | |||||
| Air conditioning | |||||
| Brakes | |||||
| Suspension | |||||
| Steering | |||||
| Fuel system | |||||
| Electrical components | |||||
| GPS | |||||
| High-tech components | |||||
| Plan name | Extra Care | Powertrain | Powertrain Plus | Platinum | Titanium |
| Availability | Nationwide | Nationwide | Nationwide | Nationwide | Nationwide |
| Waiting period | 30 days and 1,000 miles | 30 days and 1,000 miles | 30 days and 1,000 miles | 30 days and 1,000 miles | 30 days and 1,000 miles |
| Roadside assistance | |||||
| Rental car reimbursement | |||||
| Vehicle age limit | 25 years | 25 years | 25 years | 25 years | 25 years |
| Maximum mileage | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 |
CARCHEX extended warranty exclusions
CARCHEX extended warranties have certain exclusions, which are standard for auto warranties.
The following are not covered under any CARCHEX plan:
- Routine maintenance like oil changes
- Wear-and-tear components like wiper blades and air filters
- Damage from accidents, environmental factors, neglect or improper maintenance
- Aftermarket modifications like lift kits
- Preexisting conditions
- Components covered by manufacturer's warranty
CARCHEX warranty costs
CARCHEX warranty costs tend to be around $1,500 yearly for a five-year plan. Generally, you’ll pay about 2 cents per mile of coverage. The company also has a 30-day money-back guarantee in case you decide CARCHEX coverage isn’t right for you.
The price of your CARCHEX warranty will vary based on your vehicle’s mileage, year, make and model, as well as the coverage level and deductible you select.
For example, Michael, a reviewer from Colorado, said they paid $2,299 to extend coverage on their 2019 Ford F-350. Judy, a reviewer from Florida, said they paid about $1,000 per year for coverage.
It’s worth noting that you may be able to negotiate CARCHEX’s pricing.
“I told them I wanted to take their highest plan, but I would not spend more than $99 a month,” said Raymond, a reviewer from Rhode Island. “They gave me it for $99.”
CARCHEX claims and repair process
To start a CARCHEX claim, you’ll need to take your vehicle to an authorized repair facility.
1. Choose a repair facility
CARCHEX vehicle protection plans are accepted at thousands of licensed repair facilities nationwide, including local dealers, independent auto repair shops and national chains like Pep Boys, Firestone and Goodyear. You can use CARCHEX’s mobile app or website to find a vehicle repair facility near you.
2. The mechanic will contact CARCHEX for approval
Next, the repair facility must contact the claims administrator listed in your contract to get approval before proceeding with any repairs.
You may need to provide your vehicle maintenance records to determine coverage eligibility. Maintenance records must include dates of services, mileage, supplies and your vehicle identification number (VIN).
3. Repairs will start
Once the repair facility receives authorization, it’ll start work on the covered repairs. In some cases, you may need to authorize the repair facility to disassemble parts to determine the cause of the breakdown. You will be responsible for teardown charges if the breakdown is not covered under your vehicle service contract.
4. Payment
CARCHEX will then pay the repair facility directly. Upon completion of the repair, you are responsible for paying any applicable deductible to the repair facility, along with charges for any repairs or work that isn’t covered by your plan.
What to do if your CARCHEX claim is denied
If your claim is denied by CARCHEX, first review your contract to make sure you have coverage for the repair you’re looking to get covered. If you think your claim was wrongfully denied, you can call your claims administrator at the number provided on CARCHEX’s website.
FAQ
Is CARCHEX legitimate?
Yes, CARCHEX is a legitimate company that partners with multiple warranty providers and is registered with reputable third-party organizations. Some of its warranty providers include American Auto Shield, American Guardian Warranty Services and Royal Administration Services.
Where is CARCHEX available?
CARCHEX is available in all 50 states. You can take your vehicle to any licensed repair facility for repair, including dealerships and independent repair shops.
How do I cancel my CARCHEX warranty?
To cancel your CARCHEX warranty, contact the company in writing with a request to cancel your contract. If you cancel within 30 days of the effective date of the contract and you have not made a claim, you will receive a full refund. If you cancel after 30 days, you will receive a prorated refund.
Does CARCHEX have a money-back guarantee?
Yes, CARCHEX has a 30-day money-back guarantee, meaning you can cancel for a full refund within 30 days of purchasing a warranty.
Still have questions?
Is a CARCHEX extended warranty worth it?
A CARCHEX extended warranty may be worth it for drivers with older or high-mileage vehicles who want protection after the factory warranty expires. It may also appeal to drivers looking for flexible payment plans, roadside assistance and the ability to use licensed repair shops nationwide.
However, some CARCHEX customers on our site were unhappy with their coverage. For example, Janice, a reviewer from Illinois, said they were frequently stuck paying for repairs out of pocket despite purchasing the comprehensive Titanium plan.
“If you buy this plan, expect to pay out of pocket for much more than the deductible amount,” Janice said. “This plan through Carchex is administered by Royal Administration Services. I submitted two claims at different times. The first was for [a non-working] AC and a malfunction control arm. Total bill for both these repairs were $990.55[,] in which they paid only $517.59. Per the mechanic, they would only pay for a used aftermarket control arm part. I was told by the mechanic they could not warranty a used part, so I ended up paying out of pocket $472.96, well over the expected $100 deductible.
“Two years later, I needed a fuel pump. [The plan] paid only $319.58 out of a total bill of $1,117.27, leaving me to pay the balance of $797.69. Again, well over the $100 deductible amount. Their methods to determine parts and labor cost do not reflect realistic prices and therefore the plan will end up paying significantly less than one would expect. I have had other extended warranties of which I never paid more than the deductible amount, and wish I would have stayed with those. This plan looks good on paper, but in reality will not pay out as expected.”
Ultimately, CARCHEX may be worth considering if you want customizable coverage for an aging vehicle and are willing to carefully review contract terms before signing. Drivers seeking simpler coverage terms or more predictable claims experiences may want to compare multiple extended warranty providers before making a decision.
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CARCHEX Company Information
- Social media:
- Company Name:
- CARCHEX
- Company Type:
- Private
- Year Founded:
- 1999
- Address:
- 118 Shawan Road, Ste. 210
- City:
- Baltimore
- State/Province:
- MD
- Postal Code:
- 21030
- Country:
- United States
- Website:
- www.carchex.com
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